Oracle shares drop most since 2001 on mounting AI spending
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Oracle flagged new business from Meta and Nvidia in reporting a 438% increase in remaining performance obligations.
Oracle Corporation is massively profitable, which limits risks for investors who are concerned about CapEx growth. Learn more ...
Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI ...
Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his ...
Oracle has raised concerns on Wall Street due to its debt-led expansion for AI infrastructure, and its over-dependence on ...
Major stock indexes ended mixed Thursday, with the Dow Jones Industrial Average and S&P 500 closing at record highs but the ...
With relatively tepid growth, rising debt, an increasing cash burn rate, soaring capex and reliance on money-losing OpenAI, ...
Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money ...
Alphabet, Amazon, Meta and Microsoft—and, more recently, Oracle have poured money into data centres crammed full of pricey AI ...
Oracle shares dropped 11% in premarket trading on Thursday, extending the previous session’s losses after the company reported quarterly results that underscored both the promise and the pressure of ...
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